Verge / TetherUSMis à jour XVG USDT bullish wave coming if market holds
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Increase in volume (which is paramount to have a decent size move to any direction) and major Support/Resistance level (orange line) touched on daily time frame (demand zone).
We can buy yellow area according to demand > trading volume > hence previous Price Action.
It looks like the point of interest on lower timeframes
Bullish divergences playing out on 12H timeframe normally showing a potential for a bounce from the area.
Buy area: YELLOW rectangle
Buying range: ORANGE/BLUE label
Take-Profits: on chart
Stop-Losses: according to your risk tolerance to any line below entry price
REMEMBER: set Stop-Loss at Break-Even when u are in profit FOR a ZERO risk trade
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DO NOT FORGET TO TAKE A LOOK @ MY OTHER CHARTS.
Increase in volume (which is paramount to have a decent size move to any direction) and major Support/Resistance level (orange line) touched on daily time frame (demand zone).
We can buy yellow area according to demand > trading volume > hence previous Price Action.
It looks like the point of interest on lower timeframes
Bullish divergences playing out on 12H timeframe normally showing a potential for a bounce from the area.
Buy area: YELLOW rectangle
Buying range: ORANGE/BLUE label
Take-Profits: on chart
Stop-Losses: according to your risk tolerance to any line below entry price
REMEMBER: set Stop-Loss at Break-Even when u are in profit FOR a ZERO risk trade
Did you like our analysis? Leave a comment, like, boost and follow to get more
DO NOT FORGET TO TAKE A LOOK @ MY OTHER CHARTS.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.